admin

Sources said the Aramco listing will be much smaller than anticipated in the international market, and that an Asian cornerstone investor is likely to participate. A big investment in Aramco by China’s sovereign wealth fund has long been rumored, but never confirmed by the Saudis. “Asian sovereign wealth funds have always been in the mix.

These breaks are best because they’re accessible to everyone, regardless of whether they itemize. Health savings account: If you’re eligible, make a tax-deductible contribution to your HSA by April 17. HSAs have a triple-tax benefit: Contributions are either tax deductible or pretax, savings grow on a tax-free basis and users can make tax-free withdrawals for

These price moves and similar behavior in trading volume could be signs that Nasdaq history is repeating itself, according to Shah. Bear markets for the digital currency are not new. Since it was created in 2009, bitcoin has seen four of them, with price drops between 28 percent and 92 percent, Shah said. Bitcoin’s value

The “rich habit” of aerobic exercise, for example, is a good “keystone habit.” The Indiana researchers found in their study that those who exercised aerobically, by virtue of the transfer effect, also forged the habit of eating healthier food. This had the effect of improving overall health of the exercisers in their study. The “poor

If you’re using a tax professional, expect them to be busy as that April 17 deadlines approaches. “As things come in, we put them in a queue, first in first out,” Davidoff said. “You’ll get more attention from your tax preparer if you get it in in March than if you get it in in

Some financial experts are not bullish on cryptocurrency as an investment. They wonder: Is it really the next big thing, or will it run its course? In fact, they urge clients not to waste their hard-earned money on bitcoin. And what about blockchain, the technology behind bitcoin? Right now a variety of companies are trying

The body of cross-party politicians said given the concerns, U.K. negotiators should secure a “near frictionless” trade deal for the sector to avoid disruptive border delays. The report further explained that the U.K. aerospace industry is trade-oriented with annual exports approximately totaling $15 billion each year and imports worth around $14 billion. Regulatory alignment with

Micron‘s run has been nothing short of miraculous. The stock has surged 50 percent in 2018 and more than 130 percent over the last year. Investors should prepare for some bigger swings from the stock when it reports earnings on Thursday, says Susquehanna derivative strategist Stacey Gilbert. Some extra volatility and risk are being priced

Jerome Powell heads for his first interest rate increase as Federal Reserve chairman this week with an unanswered question looming above others: could his optimism about the U.S. economy lead to more hikes than markets have prepared for? Powell’s public comments and Reuters conversations with his Fed colleagues since January, when he was confirmed as

U.S. defense contractor CACI International said on Sunday it had offered to merge with larger peer CSRA, seeking to disrupt the latter’s $6.8 billion acquisition by General Dynamics. The move comes after CSRA agreed last month to sell itself to General Dynamics, another defense contractor, for $40.75 per share in cash, as companies in the

Entrepreneurs are the economic pulse of Asia Pacific, which continues to be the world’s fastest-growing region, according to Credit Suisse. “Asia has the highest number of first- and second-generation entrepreneurs, which drives the economy,” Credit Suisse Asia Pacific CEO Helman Sitohang told CNBC at the bank’s annual Asian Investment Conference. Countries have become more prosperous

There is no way to clean up the past without generating losses, Credit Suisse Chief Executive Officer Tidjane Thiam told CNBC on Monday — but profitability’s on the way. “We’ve been cleaning up a lot of undesirable trades that we should not have done” in the past, he said. Credit Suisse embarked on a three-year

A top executive at the investment firm led by the billionaire investor Steven A. Cohen has stepped down a month after a female employee sued the firm over accusations that it underpaid female employees and fostered a hostile work environment. Douglas D. Haynes resigned as president of the firm, Point72 Asset Management, on Friday, according

Putting your savings strategy on autopilot is one sure-fire way to make certain that you’re regularly stashing away money for retirement. Financial advisors often suggest contributing to your 401(k) or other retirement savings plan at work as the first step in building your nest egg. Yet many Americans don’t do that. In fact, 20 percent

German Chancellor Angela Merkel and Chinese President Xi Jinping discussed overcapacity in world steel markets and agreed on Saturday to work on solutions within the framework of the G20 group of industrialised nations, Merkel’s spokesman said. In a telephone discussion, the two newly reelected leaders emphasised close ties between the two countries, both facing planned

If it’s difficult to uproot your business, talk to your accountant about whether it makes sense to change your company’s structure from a pass-through entity to a C-corp. Under the new tax law, pass-through entities — including S-corps, partnerships and limited liability companies — may qualify for a 20 percent deduction of qualified business income.

Steel and aluminum users that depend on imported products not available from U.S. producers may have to wait up to 90 days for an exclusion from the Trump administration’s new metals tariffs, according to a Commerce Department document. The draft Federal Register notice, which is expected to be published later on Friday evening and was

Getty Images A picture shows the messages ‘#Me too’ and #Balancetonporc (‘expose your pig’) on the hand of a protester during a gathering against gender-based and sexual violence called by the Effronte-e-s Collective, on the Place de la Republique square in Paris on October 29, 2017. In a note, Sam Poser, equity research analyst at

Qualcomm said Friday that Paul Jacobs will not be renominated to the chipmaker’s board of directors at its annual shareholder meeting on March 23. The company said the decision was made after Jacobs informed the board that he is exploring the possibility of taking the $88 billion company private. But Jacobs said in a statement

Billionaire Carl Icahn reported a greater than 6 percent stake in Rubbermaid parent Newell Brands, calling them undervalued, according to a regulatory filing on Friday. The activist investor said in a filing with the Securities and Exchange Commission that he intends to talk with Newell management about ways to “enhance shareholder value.” The filing also